Pledges Should Be Reported by a Nongovernment Not-For-Profit Organization as Revenues

question 31

Multiple Choice

Pledges should be reported by a nongovernment not-for-profit organization as revenues in the period that they are unconditionally received

• A) By the organization.
• B) By the organization if the pledges are unrestricted.
• C) By the organization if the pledges are unrestricted and have been collected by year end.
• D) If the organization has incurred qualifying costs.